This also leads owners to ASSUME simpler is better when it comes to management contracts.

I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.

., rentals, flips, or house hacking] and eager to build a portfolio that leads to financial freedom.Currently, I’m learning, networking, and analyzing deals to take my first steps.Questions for You:What’s the best advice for a beginner?

It's important to stay informed about developments in the areas you're considering, as well as any potential changes in regulations or economic conditions.

So buy the best condition you can find and try to keep the 10k in reserves.I will warn you against partnering.

I’ve seen folks pivot their plans quickly if they discover one city has friendier permit processes than another.And yeah, the Phoenix area has some really down to earth investor meetups, from what I’ve heard, that can help you level up fast.What aspect of the business are you most excited to tackle first.. managing construction, or scouting out those under the radar leads?

However, it's a deal in a different state and during the Facetime showing, I could tell the tenants were gross and makes me think they don't care about taking care of the place or their living conditions.

In my case, flood insurance was under $1800/yr and for the numbers made complete sense for me as a good deal with that added cost.4) Flood zone AE does not directly impact resale value, but can reduce the number of buyers considering your property which can lead to slower sale through time and potentially lower prices.  

Quote from @Dan Shallcross: Your PM should know the answer and be leading the way aggressively.

We set up our CPA, LLC, website, marketing plat forms (social media), investor (sponsors) list, I have an operation manager, acquisition manager, and myself leading the charge.